Governor McAuliffe has proposed a quarter of one percent cut in the corporate income tax rate (from 6 perent to 5.75 percent). This puny tax cut will have a minimal impact on economic growth. Indeed, it will only create 280 new jobs in five years.
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Governor McAuliffe has proposed a quarter of one percent cut in the corporate income tax rate (from 6 perent to 5.75 percent). This puny tax cut will have a minimal impact on economic growth. Indeed, it will only create 280 new jobs in five years.
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